privatization
Egypt rejects foreign ownership of airports, emphasizes development plans
Egypt
October 11, 2024
Egypt rejects foreign ownership of airports, emphasizes development plans
The Egyptian government has clarified the rumors surrounding the sale of a number of Egyptian airports. Recent reports suggested that…
Cabinet denies reports of EgyptAir’s privatization
Business
November 6, 2020
Cabinet denies reports of EgyptAir’s privatization
The Egyptian Cabinet said on Friday that the rumors alleging the government’s plans to privatize EgyptAir for the benefit of…
DP World, Israeli firm to bid for Haifa port privatization
Middle East
September 16, 2020
DP World, Israeli firm to bid for Haifa port privatization
DUBAI, United Arab Emirates (AP) — Dubai-based port operator DP World said Wednesday it would partner with an Israeli firm…
America’s business of prisons thrives even amid a pandemic
World
May 8, 2020
America’s business of prisons thrives even amid a pandemic
MINNEAPOLIS (AP) — As factories and other businesses remain shuttered across America, people in prisons in at least 40 states…
Egypt’s cabinet refutes claims of privatization of Suez Canal Authority
Business
May 3, 2019
Egypt’s cabinet refutes claims of privatization of Suez Canal Authority
Egypt’s cabinet refuted on Thursday rumors of selling the Suez Canal Authority to privately-owned companies to establish funding for the…
Egypt govt bill prepares companies for re-nationalization
Business
October 30, 2018
Egypt govt bill prepares companies for re-nationalization
Egypt’s Ministry of the Public Business Sector has prepared a draft law to eliminate the entanglements of companies returning…
Health Ministry denies plans to privatize mental hospital
Egypt
October 10, 2018
Health Ministry denies plans to privatize mental hospital
According to the Egyptian Cabinet’s Information and Decision Support Center (IDSC), the government has no intention to privatize the…
Major Tunisian union threatens protests if privatizations go ahead
Middle East
March 25, 2018
Major Tunisian union threatens protests if privatizations go ahead
Tunisia’s powerful UGTT labor union will stage protests if the government goes ahead and privatizes ailing state firms, the UGTT…
Govt’s public offering not limited to offered companies only: Finance Minister
Business
March 20, 2018
Govt’s public offering not limited to offered companies only: Finance Minister
Minister of Finance Amr al-Garhy said that the initial public offering (IPO) program for government companies placed on the stock exchange…
Egypt Transportation Minister: No privatization of railway system
Egypt
August 19, 2017
Egypt Transportation Minister: No privatization of railway system
The Egyptian Transportation Minister, Hesham Arafat, said Friday that the government has no plans to privatize the railway system, adding…